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Ashanti Gold Corp. GULSF

"Ashanti Gold Corp is a Canada-based mining company. It operates in one business segment that is Mineral Exploration and Development in Western Africa. Its project consists of Kossanto East project, Ashanti Belt project, and Anumso gold project."


GREY:GULSF - Post by User

Bullboard Posts
Post by hockeytownon Apr 16, 2011 11:26am
860 Views
Post# 18441120

Jitney

JitneyIs it just me or has anyone else noticed that Jitney likes to manipulate a stock by waiting for the last possible
second of the trading day to sell a stock bringing its value down, this institution in Quebec should be shut down.
As I speak a barrel of oil is trading strong at $109.39 a barrel which should be interesting after this private placement closes and drilling begins.


Gulf Shores Acquires Bakken Acreage

VANCOUVER, BRITISH COLUMBIA, Jan. 17, 2011 (Marketwire) --

Gulf Shores Resources Ltd. (TSX VENTURE:GUL)(FRANKFURT:GFU) (the Company) has entered into an arms length agreement with Crown Point Ventures Ltd. (Crown Point) whereby the Company will purchase Crown Point's 47.5% interest in 2,328 acres of Petroleum & Natural Gas rights in the Wapella area of South-East Saskatchewan for a purchase price of CDN$280,000.

The acreage is prospective for the drilling of new horizontal Bakken Oil wells and includes one producing vertical Bakken Oil well and a salt water disposal facility.

The Company is not planning a consolidation of its capital stock.

Michael Turko has been appointed President & Chief Executive Officer of the Company. Gerald Otterman has resigned as President & Chief Executive Officer and has been appointed Chief Financial Officer. Ming Jang has resigned as Chief Financial Officer.

ON BEHALF OF THE BOARD

Michael Turko, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Gulf Shores Resources Ltd.

(604) 683-3309 or Toll Free: (866) 292-2601
(604) 844-2834 (FAX)
info@gulfshoresresources.com
www.gulfshoresresources.com

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